Live Stock Coverage: What Next for Humana Inc Stock After Today’s Huge Increase?

November 8, 2016November 8, 2016Darrin Black

The stock of Humana Inc (NYSE:HUM) is a huge mover today! About 832,183 shares traded hands. Humana Inc (NYSE:HUM) has declined 7.52% since April 5, 2016 and is downtrending. It has underperformed by 9.47% the S&P500.
The move comes after 7 months positive chart setup for the $27.47 billion company. It was reported on Nov, 8 by Barchart.com. We have $269.83 PT which if reached, will make NYSE:HUM worth $14.56 billion more.

Humana Inc (NYSE:HUM) Ratings Coverage

Out of 7 analysts covering Humana (NYSE:HUM), 2 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 29% are positive. Humana has been the topic of 15 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Barclays Capital maintained it with “Equal Weight” rating and $193 target price in Thursday, July 30 report. The stock of Humana Inc (NYSE:HUM) earned “Sector Perform” rating by RBC Capital Markets on Monday, November 9. The rating was maintained by RBC Capital Markets on Friday, July 22 with “Outperform”. The rating was initiated by JP Morgan with “Overweight” on Wednesday, September 16. Evercore initiated the stock with “Buy” rating in Friday, September 23 report. Jefferies upgraded it to “Buy” rating and $210 target price in Monday, July 18 report. Jefferies maintained Humana Inc (NYSE:HUM) rating on Thursday, August 4. Jefferies has “Buy” rating and $217 price target. The firm has “Neutral” rating given on Wednesday, December 16 by Credit Suisse. On Tuesday, September 8 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock of Humana Inc (NYSE:HUM) has “Sector Perform” rating given on Thursday, October 13 by RBC Capital Markets.

According to Zacks Investment Research, “Humana, Inc. is a health services company that facilitates the delivery of health care services through networks of providers to its medical members. The company’s products are marketed primarily through health maintenance organizations and preferred provider organizations that encourage or require the use of contracted providers. The company also offers various specialty products to employers, including dental, group life and workers’ compensation, and administrative services to those who self-insure their employee health plans.”

Insitutional Activity: The institutional sentiment increased to 1.1 in Q2 2016. Its up 0.10, from 1 in 2016Q1. The ratio improved, as 43 funds sold all Humana Inc shares owned while 172 reduced positions. 59 funds bought stakes while 178 increased positions. They now own 135.64 million shares or 4.91% less from 142.65 million shares in 2016Q1.
The Illinois-based Prudential Public Ltd has invested 0.01% in Humana Inc (NYSE:HUM). Axa holds 15,500 shares or 0.01% of its portfolio. Nippon Life Ins has 8,209 shares for 0.04% of their US portfolio. Hightower Advsr Ltd Limited Liability Company accumulated 12,986 shares or 0.03% of the stock. Quantitative Mngmt Ltd Liability Company owns 35,700 shares or 0.3% of their US portfolio. Wellington Shields Cap Mngmt Lc holds 0.18% of its portfolio in Humana Inc (NYSE:HUM) for 5,935 shares. Dai Ichi Life Ins accumulated 0.08% or 15,054 shares. Visium Asset Limited Partnership owns 48,458 shares or 0.61% of their US portfolio. Jefferies Grp Ltd Llc, a New York-based fund reported 59,188 shares. Moreover, New Mexico Educational Retirement Board has 0.14% invested in Humana Inc (NYSE:HUM) for 17,382 shares. Livforsakringsbolaget Skandia Omsesidigt holds 14,993 shares or 0.12% of its portfolio. Canada Pension Plan Investment Board has 200,192 shares for 0.15% of their US portfolio. The Alabama-based Weiss Multi has invested 0.13% in Humana Inc (NYSE:HUM). Baker Ellis Asset Ltd Liability Company has 2,690 shares for 0.15% of their US portfolio. Td Asset holds 267,672 shares or 0.09% of its portfolio.

HUM Company Profile

Humana Inc. (Humana), incorporated on July 27, 1964, is a health and well-being company. The Company’s medical and specialty insurance products allow members to access healthcare services primarily through its networks of healthcare providers. The Company’s divisions include Retail, Group, Healthcare Services and Other Businesses. The Retail segment consists of Medicare benefits, marketed to individuals or directly via group accounts, as well as individual commercial fully-insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and financial protection products. The Group segment consists of employer group commercial fully-insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and voluntary insurance benefits, as well as administrative services only (ASO) products. The Healthcare Services segment includes services offered to its health plan members, as well as to third parties, including pharmacy solutions, well-known provider services, home services and clinical programs, as well as services and capabilities to advance population health. The Other Businesses segment includes its closed-block long-term care insurance policies.